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Caton, Martin
Type
House
Session
Year
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Member
Primary member
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Caton, Martin (1)
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask the Secretary of State for International Development what assessment he has made of the likely environmental effect of Globeleq’s power plant being built south of Lima.
To ask the Secretary of State for International Development what assessment he has made of the likely environmental effect of Globeleq’s power plant being built south of Lima.
Asked by
Martin Caton
(Labour)
Answered by
Gareth Thomas
(Labour; Co-operative Party)
Answering body
Department for International Development
Type
Written questions
Status
Answered
Tabled on
31 October 2006
For answer on
2 November 2006
Answered on
8 November 2006
Globeleq is a wholly-owned subsidiary of the Capital for Development (CDC) group plc. that deals with CDC’s holdings in the power sector. CDC is, in turn, wholly-owned by DFID, but operates independently and reports to its own board of directors.In March 2004, the Secretary of State for International Development signed an agreement with the CDC board, laying down CDC’s mission to invest in the poorer developing countries and how and where it should operate. This investment policy includes the ‘business principles’. These require CDC to apply best practice in environmental, accounting, management, legal, health and safety and labour standards. DFID does not interfere or seek to direct or influence CDC’s commercial decisions. Instead, DFID holds the board of CDC responsible for ensuring that the company invests responsibly and complies with the agreed investment policy.Reliable and well-managed power supplies are crucial to economic development and I welcome Globeleq’s initiative to expand power-generation capacity in developing countries. I have been assured that Globeleq has carried out all the necessary environmental assessments for its new development in Peru and that the new 168 megawatt power-plant at Kallpa will comply with all relevant Peruvian, national and local government regulations as well as meeting World Bank guidelines. The plant will use Peruvian natural gas, which affords the cleanest immediate solution to meeting the rising demand in Peru for reliable supplies of electricity.
Subjects
Power stations; Peru
Date
8 November 2006
Reference
451 c1525W; 99455
House
House of Commons